Tata Steel unit to buy rolling mills in Vietnam

Tata Steel Ltd's subsidiary NatSteel had agreed to buy controlling stake in two rolling mills in Vietnam for an enterprise value of around $41 million.NatSteel would acquire 100 per cent of SSE Steel Ltd and 70 per cent of Vinausteel Ltd. The deals would give NatSteel an extra 430,000 tonnes in annual capacity and are expected to be completed by June.

1 comment:

Joseph said...

hey udi...really want to see sum of ur photos put up..i mean the ones u clicked...used to click.....